New York S08064 allows certain school districts and their municipalities to increase the amount of school district expenditures funded by city funds.

New York S08064 amends the education law to allow certain school districts and their municipalities to sign a memorandum of understanding authorizing a one-time annual increase to the amount of school district expenditures funded by city funds to be excluded from the maintenance of effort calculation. This change applies to the city amount, which must not be less than the city amount appropriated in the base year determined at the time of adoption of the budget for the ensuing fiscal year, and shall not be less than the city amount expended in the base year determined as of the end of the.

New York S08064 allows certain school districts and their municipalities to increase the amount of school district expenditures funded by city funds.

New York S08064 amends the education law to allow certain school districts and their municipalities to sign a memorandum of understanding authorizing a one-time annual increase to the amount of school district expenditures funded by city funds to be excluded from the maintenance of effort calculation. This change applies to the city amount, which must not be less than the city amount appropriated in the base year determined at the time of adoption of the budget for the ensuing fiscal year, and shall not be less than the city amount expended in the base year determined as of the end of the.